TLSS raises $700K via Series G preferred stock and warrants; appoints two new directors

Transportation & Logistics Systems, Inc.

Raised $700,000 from sale of Units (Series G preferred stock + warrants) under Section 4(a)(2)/Rule 506(b).
Proceeds to be used for working capital and potential acquisitions.
Charles Benton elected to Board, to serve as Audit Committee Chairman and on Compensation Committee.
Norman Newton elected to Board, to serve as Nominating Committee Chairman and on Audit Committee.
John Mercadante appointed Chairman of Compensation Committee and member of Nominating Committee.

item 3.02 item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Norman Newton

Director

TLSS · Transportation & Logistics Systems, Inc.

Effective: 2022-01-20
Filed: January 26, 2022, 6:59 PM ET

On January 20, 2022, the Board of Directors of the Company elected Norman Newton (age 55) to the Board of Directors of the Company to serve until his successor is elected and qualified.

Appointed

Charles Benton

Director

TLSS · Transportation & Logistics Systems, Inc.

Effective: 2022-01-20
Filed: January 26, 2022, 6:59 PM ET

On January 20, 2022, the Board of Directors of the Company elected Charles Benton (age 71) to the Board of Directors of the Company to serve until his successor is elected and qualified.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Norman Newton was elected as Director at Transportation & Logistics Systems, Inc..

Action: elected
Role: Director

Exact text from the filing

On January 20, 2022, the Board of Directors of the Company elected Norman Newton (age 55) to the Board of Directors of the Company to serve until his successor is elected and qualified.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles Benton was elected as Director at Transportation & Logistics Systems, Inc..

Action: elected
Role: Director

Exact text from the filing

On January 20, 2022, the Board of Directors of the Company elected Charles Benton (age 71) to the Board of Directors of the Company to serve until his successor is elected and qualified.

View on SEC.gov

Transportation & Logistics Systems, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-002249

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.